Jesus said in Matthew 24:42 to be on watch for His imminent return and in Matthew 16:3 to discern the signs of the times. Time is drawing to a close and the Body of Christ
must be prepared and on watch for His return. we must understand the days in which we live. Let us not be like those who Jesus rebuked with the words,
You know how to interpret the appearance of the sky, but you cannot interpret the signs of the times.
Matthew 16:3

God Freedom Liberty - United States Constitution And Supporters of Our Rights

Proverbs 22:3 NLT

A prudent person foresees danger and takes precautions. The simpleton goes blindly on and suffers the consequences.-- (((Charles Finney, said the following: “Ifthere is a decay of conscience, the pulpit is responsible for it))) --

THOSE WHO WILL DO NOTHING NOW, WHEN IT COSTS THEM LITTLE - WILL DO EVEN LESS LATER, WHEN IT COST THEM EVEN MORE

X22 Report is a daily show that will cover issues surrounding the economic collapse

In Defense Of A Nation

Saturday, December 7, 2013

By Michael Mccune: The Rant (US Government auditor for 16 years In Cheyenne, WY. -Christmas Shopping Can't Turn Economic Slide- (( to Have Michael send you the Rant to your Email contact Him Here (( mccrant@gmail.com))

Christmas Shopping Can't Turn Economic
Slide

The holiday shopping season is off to a rocky start. This will have a
trickle down effect from retailers to wholesalers to manufacturers in the coming
months as retailer profits weaken and shelf stock stagnates. But what about the
stock markets?

The markets used to reflect the state of the economy. Now they merely
reflect the debt-driving support coming from Washington politics. This is a
recipe for disaster.

Fortunately for Main Street America, the average citizen has abandoned the
markets following the 2007-2008 meltdown. Trading volumes in the market are down
to less than half the volumes recorded prior to the meltdown. The increased
support ($85 billion per month) coming from the printing press of the Federal
Reserve, is the main driving force in the market surge today.

There are some secondary factors as well, like the 'margin debt cycle'.
Right now, investors in the market are really playing with other people's money
and futures to the sum of $401 billion. This is, literally, 'hot money' in the
market. It can come out more quickly than it went in which makes the average
investor even more at risk than in previous eras.

David McAlvany, CEO of McAlvany Financial Group, has charted the markets'
170% rise from the March 2009 lows. "If you have a gain, take it now," he warns.
"While the borrowing to invest may make the market seem like an absolutely sure
bet in upside terms, another way of looking at the situation is we have $400
billion that can be removed very quickly and that is enough to precipitate a
major decline, up to 40% worth of value." (1)

McAlvany has another beef with the market value. "Aggressive inside trading
that is a conflict between corporate executives selling their personal holdings
and the companies buying back those shares to boost earnings (per share) and
manipulate those numbers to essentially beat the highly-anticipated 'Wall Street
expectations is not truly ethical.'"

The last worry that McAlvany noted is a factor that Rant has long
promoted--over-valuation of stocks. "There are only two times in the last 100
years when the market has been so over-valued. Those occurred in 1929 and 1999.
Both times there were big crashes behind the over-valuation."

The only difference is the active role taken by the Federal Reserve in this
market. Without Fed support the market would be vastly lower than it is now.
There would be much higher volatility risk in the markets. Perversely, the worse
the economic picture is for Main Street the better the market will do because of
Fed policy. This is the disconnect that makes reliance on the market numbers so
unreliable as a gauge of the economy.

When the Fed finally has to end its printing press run, the removed support
will create a bubble of unprecedented magnitude.

McAlvany's position received support from Marc Faber, publisher of the
Gloom Boom and Doom Report. "We [America} are again in a massive financial
bubble in bonds, equities and other asset prices that have gone up dramatically.
We are in a gigantic speculative bubble."(2)

Faber sees little value in stocks. "The rise in price does not mean the
stock has good value. You have to be very careful in this kind of exponentially
rising market."

Still Faber remains on the side of rising market values. "As long as the
Fed keeps printing we can add another 20% to the market price. Still, if you are
a long-term investor I think the future will be very disappointing."

The market expects no end to the bull run as long as the Fed supports the
push with its printing press. In fact the very weakness of the economic recovery
is proving to be a boon, not the drag it should be.

Take ConocoPhillips, the largest U.S. independent and natural gas producer.
In three of the last four years CP has cut its workforce. The cuts equaled a 15%
increase in profits. But the question lingers about where the customers to drive
those increasing profits will come from if fewer and fewer people are
working.

Iconic Walt Disney has fired hundreds of workers and closed offices under
the directorship of CEO Robert Iger while increasing profits by 162% from 2005
through 2012. But what is the final price going to be if the average American
family cannot afford to support the Disney product because of part-time or
non-existent jobs?

Americans should be leery of the market price when the value is not there.
They will be more and more conscious of the value factor as time passes as we
are seeing with the poor Black Friday numbers. At the point the
consuming majority determines price does not match value, the dollar will
collapse. Shortly thereafter the political system will collapse.

The death knell is being hastened by the Fed activity and the politics of
no shame in Washington. The only real speculation left in financial circles will
be whether or not the markets drop below the lows hit in March 2009 and
challenge the devastating lows last seen in 1933.

"I have sworn on the altar of God eternal hostility
to every form of tyranny over the mind of man."--Thomas
Jefferson

(1)--Newsmax, 11-26, 2013, "Stocks Can Plummet Up to
40%"

(2)--CNBC, 12-1-2013, "America is Gigantic Speculative
Bubble"

Also used for facts background was Black Friday
economic reporting by Commerce Department, 12-2-2013 and for opinion Moneynews
report 12-2-2013, "Bull Market Shows No Sign of Death With Support From
Yellen"